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Grammarly secures $1 billion to expand AI capabilities and boost its productivity platform.
Grammarly, a popular writing tool, received $1 billion in funding from General Catalyst to expand its AI capabilities and develop a comprehensive productivity platform.
The investment will support sales, marketing, and product development, helping Grammarly grow its user base and enhance its services.
Founded in 2005, Grammarly is profitable with over $700 million in annual revenue.
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Grammarly asegura $ 1 mil millones para expandir las capacidades de la IA y aumentar su plataforma de productividad.